Filed October 27, 2006
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
WEALTHPLAN ADVISORS LLC3+ years Service code 27 · EIN 47-2622892 | Advisory (Plan) | $15,298 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $9,978 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,764 | $28,416-41.0% | $73,545-77.2% | $69,631-75.9% |
| Participation rate | 32.8% | 38.3%-5.6pp | 54.9%-22.1pp | 70.7%-37.9pp |
| Annual return | 25.76% | -694.13%+719.9pp | -15.16%+40.9pp | 27571.02%-27545.3pp |
| Employer contribution / active EE | $527 | $430+22.5% | $1,219-56.8% | $2,032-74.1% |
| Participant deferral / active EE | $1,295 | $897+44.4% | $1,806-28.3% | $3,224-59.8% |
| Admin fee / account holder | $47 | $104-55.3% | $2,320-98.0% | $110-57.8% |